Ringgit Likely To Trade On Softer Note Next Week
KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.
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Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High
KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.
KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
Penang Records RM22.6 Bln Approved Investments Up To 3Q 2024
GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.
Gamuda Able To Develop Up To 1,000MWs Data Centre On Newly Acquired Land - HLIB
KUALA LUMPUR, Dec 31 (Bernama) -- The land acquired by Gamuda Bhd at Springhill Industrial Park in Negeri Sembilan could support the development of data centre (DC) capacities of between 700-1,000 megawatts (MWs) based on two to three MWs per acre with a downward adjustment in net area, Hong Leong Investment Bank’s (HLIB) preliminary estimates show.
KRI Calls For Redefinition Of B40, M40, T20 To Address Economic Vulnerabilities
KUALA LUMPUR, Dec 31 (Bernama) -- Khazanah Research Institute's (KRI) latest study finds that the current classification of the Bottom 40 (B40), Middle 40 (M40), and Top 20 (T20) income groups does not accurately reflect the true economic stratification of Malaysian households.
TM One Partners Melaka Local Council, Syarikat Air Melaka To Aid Digital Transformation
MELAKA, Dec 30 (Bernama) -- Telekom Malaysia Bhd's (TM) enterprise and government sector solutions arm TM One has collaborated with the Alor Gajah Municipal Council (MPAG) and Syarikat Air Melaka Bhd (SAMB) to offer digital solutions for digital transformation.
Gig Economy Expands In 2024 Amid Push For Worker Protections
KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia's gig economy has continued its upward trajectory in 2024, with the number of own-account workers, including gig workers, surpassing three million as of September.
High-impact Investments In SOGIP Expected To Begin Operations In 2026-2027 - Hajiji
SIPITANG, Dec 28 (Bernama) -- The Sipitang Oil and Gas Industrial Park (SOGIP), which has secured investments totalling about RM29.87 billion, is expected to begin operations in 2026 and 2027, said Chief Minister Datuk Seri Hajiji Noor.
Khazanah’s Dana Impak Continues Strategic Investments To Enhance Malaysia’s Semiconductor Ecosystem
KUALA LUMPUR, Dec 27 (Bernama) -- Khazanah Nasional Bhd (Khazanah), through its initial RM1 billion allocation via Dana Impak, today announced two strategic investments to drive greater growth and innovation in Malaysia’s Industrial Revolution 4.0 (IR4.0) technologies and capacity development; and boost research & development (R&D) in artificial intelligence (AI) and semiconductors technologies.
Ringgit Closes Little Changed Against US Dollar
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.
Bursa Malaysia Higher At Midday, CI Up 1.10 Pct
KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia ended the morning session on a higher note, driven by continuous buying interest in selected blue-chip stocks amid window dressing activities.